Credit Card Compare

Diamond Reserve Credit Card

Data last updated 25 October 2026
43.80%
Purchase rate
₹3,000
Annual fee
45 days
Interest-free

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Application

CardIQ

31Basic

Basic

Overall score, out of 100 · How this works

  • Airport lounge30
  • Rewards13
  • Travel51

Customer reviews

No reviews yet. Be the first to review the Diamond Reserve Credit Card.

Pros & cons

What's good

  • The 43.8% p.a. purchase rate is among the lowest ongoing purchase rates (the median card charges 45% p.a.).
  • Complimentary airport lounge access.

Worth noting

  • Joining fee ₹3,000 + GST (first year). Annual fee ₹3,000 + GST from second year, waived on annual spends of ₹6 Lakh and above. GST at 18% is not included in the stated amounts. The ₹3,000 annual fee is still toward the top of the market (the median is ₹749).
  • No balance transfer or introductory purchase offer.
  • Up to 45 interest-free days on purchases (below the 50-day median).

Card details

The basics

Additional cardholder fee
₹499 p.a.
Card tier
Signature
Card type
Not published
Card use
Personal
Credit limit
Not published
Credit rating
Not published
Rewards program
IDFC FIRST Bank Reward Points

Eligibility

Instant approval
Not published
Joint application
Not published
Minimum age
Not published
Minimum income
Not specified
Residency
Not published
Temporary residents
Not published

Rates & fees

Ongoing interest rates

Cash advances
43.80% p.a.
Purchases
43.80% p.a.

Fees

Additional cardholder fee
₹499
Annual fee
₹3,000 p.a.
Annual fee (year 2+)
₹3,000 p.a.
Cash advance fee
—
Foreign transaction fee
0%
Late payment fee
₹1,300
Over limit fee
₹550

Repayments

Interest-free period
Up to 45 days on purchases
Minimum repayment
2% of the Principal balance outstanding (comprising of Purchases, Cash & Balance Transfer) plus EMI + Interest (Finance charges) + Fees, Other charges & taxes + amount utilised over the limit (if any)

Balance transfers

This card has no promotional balance transfer offer.

Introductory purchase offer

This card has no introductory purchase rate offer.

Rewards

Earn rate

Earn rate
—
Points expiry
—

Sign-up bonus

Bonus spend required
—
Sign-up bonus
—

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Overseas feeNo feeTied for best (1st of 91 cards)
Purchase rate43.80%Top 25% (11th of 91 cards)
Annual fee₹3,000 a yearNot as good as most cards (70th of 91 cards)
Interest-free days45 daysNot as good as most cards (61st of 73 cards)

Data as at October 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

Compare side by side

Browse by card type

Compare the Diamond Reserve Credit Card against every other card in its category.

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Questions and answers

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Sources

Credit Card Compare
Australian credit card statisticsHow CardIQ scores cards
Issuer
IDFC FIRST Bank